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UPS Union Issues
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<blockquote data-quote="UpstateNYUPSer(Ret)" data-source="post: 5578904" data-attributes="member: 12570"><p>The average UPS pension is $3,500. </p><p>The average NYST UPS pension is $5,500 with some retirees closer to $7-8K/month.</p><p></p><p>In '97 when they were talking about taking control of the pension the numbers being tossed about were closer to the $3,500. </p><p></p><p>UPS is roughly 76% of the NYST fund. Prior to the bailout, withdrawal and payment of their liability would basically destroy the pension fund.</p></blockquote><p></p>
[QUOTE="UpstateNYUPSer(Ret), post: 5578904, member: 12570"] The average UPS pension is $3,500. The average NYST UPS pension is $5,500 with some retirees closer to $7-8K/month. In '97 when they were talking about taking control of the pension the numbers being tossed about were closer to the $3,500. UPS is roughly 76% of the NYST fund. Prior to the bailout, withdrawal and payment of their liability would basically destroy the pension fund. [/QUOTE]
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